Ifb Industries Profile
Key Indicators
- Authorised Capital ₹ 119.00 Cr
- Paid Up Capital ₹ 40.52 Cr
- Company Age 50 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 419.85 Cr
- Satisfied Charges ₹ 397.07 Cr
- Revenue Growth 22.72%
- Profit Growth -182.94%
- Ebitda -76.04%
- Net Worth -10.07%
- Total Assets 7.36%
About Ifb Industries
Ifb Industries Ltd (IIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 1974 and has a history of 50 years and four months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505726 and on the National Stock Exchange(NSE) under IFBIND.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 119.00 Cr and a paid-up capital of Rs 40.52 Cr.
The company currently has active open charges totaling ₹419.85 Cr. The company has closed loans amounting to ₹397.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ifb Industries Ltd India are Ritesh Agarwal as COMPANY SECRETARY and Soumitra Goswami as Cfo. Ashok Bhandari, Biswadip Gupta, Desh Dogra, and Eight other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Ifb Industries Ltd offer?
Ifb Industries Ltd offers a wide range of products and services, including Automobile Electrical Components, Automotive Motors, Apparel & Textile Machinery, Textile Machines, Home Appliances & Kitchen Appliances, Home Appliances, Dishwasher, Machines & Equipments, Industrial Washing Machine, Industrial Coolers, Blowers & Fans.
Who are the key members and board of directors at Ifb Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Panamanna Narayanan  | Managing Director | 23-Nov-2023 | Current |
| Ritesh Agarwal | Company Secretary | 27-Jun-2023 | Current |
| Soumitra Goswami | CFO | 26-Apr-2024 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudip Banerjee | Director | 04-Apr-2012 | Current |
| Desh Dogra | Director | 10-Feb-2021 | Current |
| Ashok Bhandari | Director | 30-Jan-2018 | Current |
| Biswadip Gupta | Director | 10-Feb-2021 | Current |
| Bikramjit Nag | Whole-Time Director | 31-Oct-2008 | Current |
| Rahul Choudhuri | Director | 28-Jul-2017 | Current |
Financial Performance of Ifb Industries.
Ifb Industries Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 22.72% increase. The company also saw a substantial fall in profitability, with a 182.94% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ifb Industries?
In 2023, Ifb Industries had a promoter holding of 74.96% and a public holding of 25.04%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vesuvius India LtdBiswadip Gupta is a mutual person
Vehere Interactive Pvt LtdAshok Bhandari is a mutual person
Travel Systems LimitedBikramjit Nag is a mutual person
Rupa & Company LtdAshok Bhandari is a mutual person
Ifb Automotive Private LimitedBikramjit Nag is a mutual person
Updater Services LimitedSangeeta Sumesh is a mutual person
Charges (Loans)
₹419.85 Cr
₹397.07 Cr
Charges Breakdown by Lending Institutions
- Others : 249.85 Cr
- Standard Chartered Bank : 120.00 Cr
- Hdfc Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2022 | Others | ₹60.00 Cr | Open |
| 22 Mar 2022 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 08 Dec 2020 | Others | ₹50.00 Cr | Open |
| 18 Dec 2019 | Others | ₹20.00 Cr | Open |
| 18 Dec 2019 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Ifb Industries?
Ifb Industries has a workforce of 2570 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ifb Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ifb Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
